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3704 Greenwood
Maplewood, MO 63143
$1,995,000
Details
Incredible opportunity to purchase the Greenwood Apartments in Maplewood, MO to qualified investors. The property consists of 24, 1 bd/1 bth units. This opportunity has great upside potential by bringing rents to market rate and making cosmetic updates. In place rents are well below market with an average upside of $193. 15/24 units have been updated with new flooring and some updates to the bathrooms. There is potential to finish renovating the remaining units and to also incorporate in-unit laundry, which would add even higher rent potential.
Specs
Type Multi-Family
Year Built 1971
Taxes Paid $16,475
Lots & Building Features
Cooling Wall Unit(s)
Heat Source Electric
Heating Baseboard
Parking Description Space/Unit - 1
Sewer Public Sewer
Tax Year 2024
Water Public
Lot Dimensions 120 x 143 ft
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Area
City Maplewood
County St Louis
School District Maplewood-Richmond Heights
Subdivision Greenwood
Schools
Elementary School Mrh Early Childhood Center
Junior High School Mrh Middle
Senior High School Maplewood-Richmond Hgts. High